Global Strategic Management
Question Bank
Course Introduction
Global Strategic Management explores the formulation and implementation of strategies for firms operating in the international business environment. The course covers key concepts such as competitive advantage, cross-border market entry, global value chains, and the management of multinational enterprises. Students analyze real-world cases to understand how cultural, economic, legal, and political factors influence strategic decision-making on a global scale. Emphasis is placed on tools and frameworks that help managers adapt to complex, dynamic international contexts and sustain organizational success in diverse markets.
Recommended Textbook
Transnational Management Text Cases and Readings in Cross Border Management 7th Edition
Available Study Resources on Quizplus
8 Chapters
245 Verified Questions
245 Flashcards
Source URL: https://quizplus.com/study-set/289
Page 2
Chapter 1: Expanding Abroad: Motivations, Means, and Mentalities
Available Study Resources on Quizplus for this Chatper
30 Verified Questions
30 Flashcards
Source URL: https://quizplus.com/quiz/4793
Sample Questions
Q1) An MNE with a 'transnational mentality' will typically be managed as an integrated network.
A)True
B)False
Answer: True
Q2) The largest MNEs are equivalent in their economic importance to less developed economies such as Cameroon, Paraguay, or Barbados.
A)True
B)False
Answer: False
Q3) The demand for the Italy-based Sparkly Fashion Manufacturing's unisex pants has been continually increasing. Sparkos, the CEO of the company, intends to take his company international by producing these unisex pants mainly in Italy and selling them in the same way all over the world. Sparkos is operating with a(n):
A) multinational mentality
B) global mentality
C) international mentality
D) transnational mentality
Answer: B
Page 3
To view all questions and flashcards with answers, click on the resource link above.
Chapter 2: Understanding the International Context:
Responding to Conflicting Environmental Forces
Available Study Resources on Quizplus for this Chatper
31 Verified Questions
31 Flashcards
Source URL: https://quizplus.com/quiz/4794
Sample Questions
Q1) In the emerging international environment, most industries can be categorized as multinational, global or international.
A)True
B)False
Answer: False
Q2) Global integration and coordination forces encountered by MNEs include economies of scale, government demands, and the expanding spiral of globalization.
A)True
B)False
Answer: False
Q3) Local responsiveness forces encountered by MNEs include cultural differences, government demands and economies of scope.
A)True
B)False
Answer: False
Q4) Globalization is a phenomenon that took most industries by surprise.
A)True
B)False
Answer: False
Page 4
To view all questions and flashcards with answers, click on the resource link above.
Chapter 3: Developing Transnational Strategies: Building
Layers of Competitive Advantage
Available Study Resources on Quizplus for this Chatper
29 Verified Questions
29 Flashcards
Source URL: https://quizplus.com/quiz/4795
Sample Questions
Q1) Which of the following strategies can be employed to enhance the efficiency of an MNE?
A) pursue scale and scope economies.
B) pursue scope economies alone.
C) benefit from inter-country differences in factor costs.
D) pursue both scale and scope economies, as well as benefit from inter-country differences in factor costs.
Answer: D
Q2) Having a city-specific strategy is always a better choice than country-specific strategy in emerging markets.
A)True
B)False
Answer: False
Q3) The diversity of environments in which MNEs operate enables them to develop diverse capabilities and experience multiple learning opportunities.
A)True
B)False
Answer: True
To view all questions and flashcards with answers, click on the resource link above. Page 5
Chapter 4: Developing a Transnational Organization:
Managing Integration, Responsiveness, and Flexibility
Available Study Resources on Quizplus for this Chatper
27 Verified Questions
27 Flashcards
Source URL: https://quizplus.com/quiz/4796
Sample Questions
Q1) The key strategic capability associated with the coordinated federation organizational model is global-scale efficiency.
A)True
B)False
Q2) Historically, many large Japanese companies used a centralized hub configuration. The 2011 earthquake in Japan resulted in a significant cost to Canon by inhibiting its production process. In response, the CEO of Canon announced in the 2011 annual report that they will have three headquarters, instead of one. These will be based in each of the US, Europe, and Japan. What are the challenges that the company will face during this transition?
Q3) Briefly discuss the characteristics of the decentralized federation organizational model.
Q4) What is the key lesson behind the metaphor that develops an organizational change model based on a framework related to anatomy, physiology, and psychology?
Q5) In a transnational organization, the asset and capability configuration can be described as dispersed, specialized and interdependent.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 6
Chapter 5: Creating Worldwide Innovation and Learning:
Exploiting Cross Border Knowledge Management
Available Study Resources on Quizplus for this Chatper
30 Verified Questions
30 Flashcards
Source URL: https://quizplus.com/quiz/4797
Sample Questions
Q1) Globally linked innovations involve processes designed to ensure that the special resources and capabilities of each subsidiary are globally available to other units of the organization.
A)True
B)False
Q2) Mr. Smith is the recently appointed CEO of a diversified MNE operating in 22 countries on four continents and in multiple industries ranging from bulk chemicals to consumer packaged goods. He became concerned that in his very decentralized organization, all businesses were managed primarily by the national subsidiaries. With a poor record in innovation, Smith wondered what he could do to improve the innovation process. What two or three changes would you recommend he consider?
Q3) Emerging strategic demands make organizational models based on interdependence the most appropriate form for headquarter-subsidiary relationships. A)True B)False
Q4) There is no one best way to manage innovation in MNEs. Please comment.
To view all questions and flashcards with answers, click on the resource link above.
Chapter 6: Engaging in Cross-Border Collaboration:
Managing across Corporate
Boundaries
Available Study Resources on Quizplus for this Chatper
34 Verified Questions
34 Flashcards
Source URL: https://quizplus.com/quiz/4798
Sample Questions
Q1) Managing knowledge flow is important for a firm that wants to get the most from its partnership with another company. What can a firm do to ensure it gets the most from its collaboration while preventing the outflow of information they do not wish to share with their alliance partner?
Q2) Equality between partners is essential, regardless of the governance structure.
A)True
B)False
Q3) Flexibility is often the key in a strategic alliance. Please comment.
Q4) Equity joint ventures are the preferred mode of arranging an alliance and should be employed whenever multiple companies are intending to collaborate.
A)True
B)False
Q5) When a multinational adds a new alliance to its alliance portfolio, the multinational's managers should remain focused upon the standalone value that the new alliance can generate, rather than being distracted by an assessment of whether the new alliance creates value from a portfolio perspective.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 8
Chapter 7: Implementing the Strategy: Building
Multidimensional Capabilities
Available Study Resources on Quizplus for this Chatper
34 Verified Questions
34 Flashcards
Source URL: https://quizplus.com/quiz/4799
Sample Questions
Q1) Which of the following is not considered a key management category in the modern transnational company
A) the top-level corporate executives / managers.
B) the country subsidiary manager.
C) the integrated services manager.
D) the global business manager.
Q2) The global business manager does not need to be located in the MNE's home country.
A)True
B)False
Q3) In their role as worldwide intelligence scanners, worldwide functional managers lead efforts to diffuse innovations throughout the MNE by engaging in all of the following activities, except
A) sensing strategically important changes or information in the environments of foreign subsidiaries.
B) acting as repositories for specialist information.
C) leading disruptive innovations.
D) facilitating the communication and transmission of strategically important information to specialists in the business groups or geographic groups.
Page 9
To view all questions and flashcards with answers, click on the resource link above.
Chapter 8: The Future of the Transnational: An Evolving Global Role
Available Study Resources on Quizplus for this Chatper
30 Verified Questions
30 Flashcards
Source URL: https://quizplus.com/quiz/4800
Sample Questions
Q1) Government-funded aid programs flowing between developed and developing countries have failed to reduce global poverty primarily due to the creation of overly-detailed accountability systems and the excessive volume of feedback.
A)True
B)False
Q2) The primary difference between transactional MNEs and exploitive MNEs is that the former employs an approach that tends to be legally compliant and non-oppressive in its emerging market dealings.
A)True
B)False
Q3) Transformative MNEs are sensitive and responsive to the problems and the needs of the developing world but the freedom of these MNEs to lead broad-scale efforts to deal with their root causes is often limited by governance issues and the need to generate profits.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 10